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Author Topic: BIT.AC - SITE DOWN - SCAM WARNING  (Read 640 times)
widgetman (OP)
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August 08, 2017, 12:09:42 AM
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Newbie to this site but unfortunately no newbie to being scammed. Bit.ac completely down. Looks like its all over & wallets have been systematically bled & emptied. Thieving mongrels!!!   
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August 08, 2017, 12:23:06 AM
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I do not understand why people store their bitcoins on these web wallets. All these impressive website designs, this advertising and bragging about their reputation, secure encrypted wallets, bitcoins locked securely in vaults supposedly safer than Fort Knox, staff with PhDs in cryptocurrencies etc... these do not replace the ultimate security and peace of mind offered by a wallet you and you alone control and have sole access to.

When you and you alone own, control and have access to the private keys of your bitcoins, sleep soundly and worry not.


widgetman (OP)
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August 08, 2017, 12:39:09 AM
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Yep. All words of wisdom. Fortunately only a short term transfer wallet for me so not much coin involved. Annoying bit about bit.ac was the great concept and simplicity of use for newbies to crypto. All part of an organised, long term setup scam I guess.
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August 08, 2017, 03:27:38 AM
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Looks confirmed. Bit.ac website has totally vanished. Now you see it & now you don't!
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